Real estate investors locked out of crowdfunding craze over fear home flippers will move in

Buying a stake in a rental building shouldn’t be more worrisome for a securities regulator than say, investing in a tech start-up, says Craig Asano.
But the executive director of the National Crowdfunding Association of Canada says provincial securities commissions are currently planning to exclude the “tried and true asset class” of real estate from using equity crowdfunding to raise money online and through other electronic means.
 
Source: National Post & CREA

 

Bernard Haché

Bernard Haché

Real Estate Broker
CENTURY 21 Action Power Team Ltd., Brokerage*
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